Renovated Quadruplex Income
New
For Sale
$2,200,000
380 Temple Ave, Long Beach, CA 90814
Well-maintained four-unit property with remodeled units, in-unit laundry hookups, and attached garages.
Days on Market6
Property Features for 380 Temple Ave
General Information
Standard status
Active
Total Parking Spaces
5
Property subtype
Investment
Amenities
in-unit laundry hookups
on-site laundry
Building Details
Building Size
5,201 SF
Year Built
1969
Buildings
1
Tenancy
Multi
Listing Agency:
(310) 722-9222
Listed By:
DeDe Hsu
(310) 722-9222
Source:
Elliman
Added: Jul 28
Changed: Jul 29
Last Checked: Aug 1 at 6:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DeDe Hsu
Investment Insights
Based on property information with market context.
This well-maintained quadruplex offers four spacious residential units. Two units feature three bedrooms and two bathrooms with in-unit laundry hookups. The remaining two units offer two bedrooms and 1.5 bathrooms. Three of the four units (Units 1, 2, and 4) were fully remodeled about two years ago with new kitchens, new bathrooms, new flooring, and fresh paint.
The property includes parking consisting of two two-car garages and one single-car garage, along with on-site laundry. BikeScore is 59 and walkScore is 87, indicating the property is very walkable, with good access to local amenities.
Overall, the unit mix is three-bedroom/two-bath and two-bedroom/1.5-bath configurations, supported by a renovation update to three units and established on-site and in-unit laundry options.
The property includes parking consisting of two two-car garages and one single-car garage, along with on-site laundry. BikeScore is 59 and walkScore is 87, indicating the property is very walkable, with good access to local amenities.
Overall, the unit mix is three-bedroom/two-bath and two-bedroom/1.5-bath configurations, supported by a renovation update to three units and established on-site and in-unit laundry options.
Key Highlights
- Quadruplex built in 1969 with 4 units, plus parking and on‑site laundry.
- Units 1, 2, and 4 were fully remodeled about two years ago with new kitchens, bathrooms, flooring, and fresh paint.
- Two units offer 3 bedrooms and 2 baths with approx. 1,550 sqft total each, plus in‑unit laundry hookup(s).
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $168.5k | $32.40 |
| − Vacancy | −$8.8k | −$1.68 |
| EGI | $159.7k | $30.72 |
| − OpEx | −$47.9k | −$9.21 |
| NOI | $111.8k | $21.50 |
5,201 SF · lease $32.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.60M
$1.40M – $1.86M
NOI $111,825 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$1.42M
$1.24M – $1.66M
NOI $99,461 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$2.78M
$2.44M – $3.25M
NOI $194,922 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,297
Businesses Nearby
Explore this area
Business Placement
Demographics for 90814, CA
19,042
Population
9,939
Households
1.9
Avg Household Size
39
Median Age
56%
College-Educated
92%
High-School Grad
1.3 sq mi
ZIP Area
14,648
Density / Sq Mi
$98,070
Median Household Income
$60,482
Median Earnings
$1,987
Median Rent
$898,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained four-unit property with remodeled units, in-unit laundry hookups, and attached garages.
Where is this quadplex located?
The property is located at 380 Temple Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Quadruplex built in 1969 with 4 units, plus parking and on‑site laundry.; Units 1, 2, and 4 were fully remodeled about two years ago with new kitchens, bathrooms, flooring, and fresh paint.; Two units offer 3 bedrooms and 2 baths with approx. 1,550 sqft total each, plus in‑unit laundry hookup(s).
